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Non-Tech : Virgin Express (VIRGY) Richard Branson's European Airline

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To: Mike Fox who wrote (1)2/17/1999 9:07:00 AM
From: AC Flyer   of 62
 
January load factor rises...

PR Newswire, Wednesday, February 17, 1999 at 04:29

BRUSSELS, Belgium, Feb. 17 /PRNewswire/ -- Virgin Express S.A./N.V. and Virgin Express (Ireland) Ltd., subsidiaries of Virgin Express Holdings plc (NASDAQ:VIRGY; Brussels: VIR) reported the following traffic results for January, 1999: Revenue passenger miles in scheduled service increased 22% in January 1999 to 94.3 million compared to 77.5 million a year ago. Scheduled capacity increased 19.7% to 146 million ASMs vs. 122 million in the previous January. Passengers flown in scheduled service increased 27.3% to 209,018 in January 1999 vs. 164,206 in January 1998. Load factor increased 1.1 percentage points to 64.6% from 63.5%.

On February 15 Virgin Express opened a new call center in Shannon, Ireland to support general sale inquiries from Ireland and the United Kingdom. The new call center will initially employ 30 agents and handle approximately 20% of the company's reservations calls.

From its Brussels hub Virgin Express operates scheduled services to London (Heathrow, Gatwick, & Stansted), Copenhagen, Milan, Rome, Nice, Barcelona and Madrid, and also operates flights from Rome to Barcelona and Madrid. Service is also offered between London (Stansted) and Shannon, Ireland. Charter services are operated to over 150 different destinations in Europe, the Middle East and North Africa.

SOURCE Virgin Express Holdings plc
02/17/99
CONTACT: Paul Skellon, Director of Corporate Affairs of Virgin Express, +322-752-06-77/ Web site: virgin-exp.com
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